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What to Do When You and Your Spouse Have Differing Financial Goals

Prairie Eco-Thrifter

We knew that we would at least partially combine our finances when we were officially married, but when we were making our combined budget before going to the bank and officially combining, we hit a bit of a road block when we realized that we have a huge disparity in our financial goals. Money Tips'

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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

However, if you have been following me, you know that I am quite serious about finding ways to not only get out of debt but also how to create a budget (and stick to it) as well as how to save money without necessarily depriving your family of the quality of life they deserve. It will help you achieve your financial goals faster.

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. You can even use a budgeting app if you need a little more support reaching your financial goal.

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Get your FREE Family Balance Sheet Excel Spreadsheet

Family Balance Sheet

To keep the communication flowing, I created my very first Balance Sheet to give my husband a snapshot of our household and business finances. The spreadsheet listed our short-term and long-term account balances, our debts, and our short-term and long-term financial goals. I STILL use our spreadsheet today.

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Do I Need a Financial Advisor? When it’s worth it

Savings Corner

For example, financial advisors can help you plan for retirement, budget, plan your estate and more. They also help you set your personal financial goals to reach milestones. When to get a financial advisor Not everyone needs a financial advisor, especially since it’s an additional cost. Wealth manager.

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How to Save Money From Salary Without Sacrificing Your Lifestyle

Penny Pinchin' Mom

What you can do is control how much of your money you spend on bills in any given month and how much of it you save for your long-term financial planning and security. Also See: How to Budget Money on a Low Income How Much of Your Salary Should You Save? It’s cheaper, and it still gives you the same kind of money you need.

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Find out How Drew & Farrah Paid off $200k of debt, including their HOME

Family Balance Sheet

Include anything that you’d like to add to give the reader an idea about your personality. Making a budget and cutting expenses. Promotions, new jobs, side work, selling stuff, etc etc… All the time we kept the same cost of living and just banked and smacked the debt in the face. We do a monthly budget.

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